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Jim Cramer: "Bear Stearns is Fine!" Tues, 3/11/08

politiclips · 557.8K views · 2008-03-17 · 1:34

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Overview

A short clip of CNBC's Jim Cramer insisting Bear Stearns is fine in March 2008, days before the firm was sold to JP Morgan for $2 a share.

On Hacker News

Used as a joke or cautionary example of confident financial punditry that proved wrong, often referenced during bank scares and bubbles.

Discussed on HN; no positive recommendation is recorded in this export · HN mentions 2010–2026

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What people said

toomuchtodo · 2026-07 · Joke / meme

The top will be when Jim Cramer loudly proclaims there is no problem at Oracle and gives a buy rating. [VIDEO]

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gjsman-1000 · 2023-03 · Criticism

The fact that he still had a job after his 2008 mistake of insisting that Bear Stearns was fine and a safe place to keep your cash, is astounding. That should've been an unrecoverable mistake, especially with how strongly he was certain. "Should I be worried about Bear Stearns in terms of liquidity and get my money out of there? No, NO, NO!!!" (Afterwards... 90% loss in the next 6 days.) [VIDEO]

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bink · 2023-03 · Joke / meme

Maybe not that exact phrase but it does conjure to mind the video of Cramer saying Bear Stearns was fine. [VIDEO]

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Sources

Video by politiclips, played through YouTube.

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